REGRET/WL - Does this mean no chance at all?

Wanting to book the train from Jodhpur to Jaisalmer on Jan 3 and getting the Regret thing etc. Does this mean closed - finished that's all? Or can it change? Or would I have more luck getting a spot on the AC 3 tier which now says WL 1/WL 1?

* = there is supposed to be a number, but the website doesn't leave enough space for this, you can sometimes see REGRET/WL1, but that can be REGRET/WL134 (Sleeper Class).

The length of the waitlist is determined by officials, these people have experience of the usual number of cancellations, so will only allow the waitlist to go up to a number that has a small chance of being confirmed.

You wouldn't be able to purchase a 'REGRET' ticket.

I can't remember the exact wording, but it is something like "REGRET, NO TICKETS AVAILABLE"

WL/1 - WL/1 will be a good option, that will almost certainly get confirmed.

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